Scotiabank Electronic Banking Launched

Scotiabank's Global Transaction Banking (GTB) division today announced the launch of ScotiaGlobal electronic banking, an integrated, online cash management tool. Also announced is the availability of a new Integrated Payments service through ScotiaConnect electronic banking.

ScotiaGlobal offers GTB clients who operate their business across the NAFTA region access to real-time information on their Scotiabank accounts in Canada, the US and Mexico. Through a single sign-on to ScotiaGlobal, clients can also access their ScotiaConnect and Scotia En Linea services to manage their electronic cash management and payments across the region.
"Customers are demanding truly integrated global cash management solutions and ScotiaGlobal brings them that through a single platform," said Alice Eastman, Senior Vice-President Cash Management and Payment Services, Global Transaction Banking, Scotiabank. "ScotiaGlobal offers GTB clients a platform that is easy to access and convenient so they can manage their business banking across the NAFTA region from one centralized location."

ScotiaGlobal also includes links to other Scotiabank international online banking platforms along with trade finance and foreign exchange services. In addition, valuable content on interest rates and economic reports are available for clients who conduct business globally.

Today, GTB also launched Integrated Payments through ScotiaConnect. The Integrated Payments service streamlines the process of multiple collections and disbursements, improving cash flow and reducing expenses. Integrated Payments also allows clients to conveniently view, approve and delete Electronic Fund Transfers and Automated Clearing House payments online through ScotiaConnect.

"We understand that our clients work in complex organizations with multiple points of payment, and the ability to have approvals for multiple transaction types in an integrated platform will create a more efficient payables function," said Ms. Eastman. "The Integrated Payments system will also serve as a solution for our clients who currently don't have approval mechanisms in their own systems or who have a high volume of transactions."